Debate

Why shouldn’t we start reducing the national debt today?

Jun 182011

I am doing a debate in my class and I am supposed to be against reducing the national debt today.
Help?

What would be the affect of mortgage forgiveness?

Jun 082011

I’m not an economist (got a C in HS econ). But I’d be curious to know the affects of a wide spread mortgage forgiveness if the bank holding your loan goes under. Let’s say the only requirement to have your home free and clear is that you remain in it for 5 years. This would [...]

UK Election, Final debate is on the economy. Will Gordon Brown answer these points?

Mortgage Loan No Responses »

May 262011

The United Kingdom is facing the worst financial crisis in its history. This is all about debt. Not just Government debt but Corporate debt and Consumer debt. By any accounting standard, they are all at nightmare proportions. The last 12 years have seen an economy built, not on genuine growth in productivity, but on a [...]

Senator Biden said in the debate on the crisis of subprime mortgage holders, with a fixed interest rate and a lower tone?

Mortgage Loan 4 Responses »

May 042011

People in mortgage trouble, to keep their homes, would be a chance to get a fixed rate mortgage, then said the senator, and reduce their capital on the loan may not seem very fair to me because I pay my mortgage at 10% and pays the full amount of capital, not where I’m looking for [...]

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